[CBSE] Q. 20 Cash Flow Statement TS Grewal Class 12 2023-24

Solution of Question number 20 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

The following information is related to Vishwas Ltd.:

Particulars	Note No.	₹
I. Revenue from Operations (Net Sales) II. Other Income	1	30,00,000 45,000
III. Total Revenue (I + II)		30,45,000
IV. Expenses: (a) Purchase of Stock in Trade (b) Change in Inventories of Stock in Trade (c) Depreciation and Amortisation Expenses (d) Other Expenses	2 3	23,03,000 (16,000) 1,85,000 3,29,000
Total Expenses		28,01,000
V. Profit before Tax (III – IV) VI. Less: Provision for Tax		2,44,000 64,000
VII. Profit after Tax (V – VI)		1,80,000

Notes to Accounts

Particulars	₹
1. Other Expenses (a) Dividend Received (b) Gain (Profit) on Sale of Plant	5,000 40,000
	45,000
2. Change in Inventories of Stock in Trade Opening Inventories Less: Closing Inventories	2,84,000 3,00,000
	(16,000)
3. Other Expenses (a) Office Expenses (b) Selling Expenses (c) Loss on Sale of Assets	58,000 2,35,000 36,000
	3,29,000

Other information:-

	Balances as on 31st March, 2023 (₹)	Balances as on 31st March, 2022 (₹)
Trade Payables Trade Receivables Office Expenses Outstanding Selling Expenses Outstanding	2,78,000 4,52,000 25,000	2,50,000 4,15,000 5,000 22,000

[Ans.: Cash Flow from Operating Activities = ₹ 3,29,000.]

Solution:-

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